Bessent Expects Trump to Make Fed Chair Pick in January

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US Treasury Secretary Scott Bessent expects President Trump to make a decision on the Federal Reserve Chair replacement in January, with four candidates still in consideration.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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"We're still at four candidates," US Treasury Secretary Scott Bessent says when asked about a potential replacement for Federal Reserve Chair Jerome Powell. He speaks during an event at the Economic Club of Minnesota in Minneapolis. (Source: Bloomberg)

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Original article published by Bloomberg on January 8, 2026.
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